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Caleres Inc - CAL STOCK NEWS

Welcome to our dedicated news page for Caleres (Ticker: CAL), a resource for investors and traders seeking the latest updates and insights on Caleres.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Caleres's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Caleres's position in the market.

Rhea-AI Summary
Caleres (CAL) appoints Andrew Leckie as senior VP and general merchandise manager at Famous Footwear to accelerate growth and appeal to the millennial family market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
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none
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Rhea-AI Summary
Sam Edelman, a brand under Caleres (NYSE: CAL), has announced partnerships with four new licensees to expand its lifestyle categories, including handbags, kids' shoes, hosiery, and slippers. The brand aims to cater to its sophisticated consumer by collaborating with industry leaders in each category.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
partnership
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Rhea-AI Summary
Caleres (CAL) reaffirms financial outlook for full year 2023, expecting adjusted earnings of $4.10 to $4.20 per share, despite a challenging demand environment. Consolidated net sales are projected to be down 4.5% to 5.5% compared to fiscal 2022. The company aims to drive long-term value for shareholders and create exceptional products and experiences for consumers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
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none
Rhea-AI Summary
Caleres (NYSE: CAL) executives to participate in 26th Annual ICR Conference, hosting fireside chat on January 9, 2024. Investors, analysts, and media can access the live webcast via the 'Investors' section of the Caleres website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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conferences
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Rhea-AI Summary
Caleres (NYSE: CAL) declares a regular quarterly cash dividend of $0.07 per share, continuing its streak of consecutive quarterly dividends for over 100 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
Tags
dividends
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Rhea-AI Summary
Caleres (NYSE: CAL) has been recognized on Newsweek’s list of America’s Most Responsible Companies 2024 for the third consecutive year. Caleres ranked 151 overall and 18 in the Consumer Goods category. The company's president and CEO, Jay Schmidt, expressed pride in the team's commitment to social responsibility, highlighting the launch of the One Planet Standard. The ranking focuses on ESG factors and is based on KPI research and a public survey, with the final list recognizing the top 600 most responsible companies in the United States, spanning 14 industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
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none
Rhea-AI Summary
Caleres (NYSE: CAL) earns top score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, showcasing its commitment to LGBTQ+ workplace equality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
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Rhea-AI Summary
Caleres (NYSE: CAL) announced the appointment of Erica Mackoul as senior vice president of international. Mackoul will work with Caleres brand portfolio leadership to drive strategic growth initiatives globally, focusing on Sam Edelman, Allen Edmonds, Naturalizer, and Vionic. Caleres president and CEO Jay Schmidt expressed confidence in Mackoul's ability to accelerate international growth plans and increase sales, expand earnings, and drive shareholder value over the next three years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.51%
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none
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Rhea-AI Summary
Caleres (NYSE: CAL) reports a 22% year-over-year increase in earnings per share and a 19% year-over-year increase in adjusted earnings per share, exceeding the top end of guidance. The Brand Portfolio achieved a record third-quarter operating margin. The company reduced revolver borrowings by $22 million compared to the second quarter of 2023 and reduced inventory by 14%. Despite a soft consumer demand environment, the company updated its full year 2023 sales outlook and tightened its earnings per share range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.84%
Tags
earnings
Rhea-AI Summary
Caleres (NYSE: CAL) Honored by Women’s Forum of New York for Achieving Gender Parity on Board. 55% women representation. Company recognized as Corporate Champion. CEO Jay Schmidt expresses gratitude for the recognition and emphasizes the positive impact on the company and consumers. The Women’s Forum of New York’s Corporate Board Initiative aims for gender balance on corporate boards by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
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none
Caleres Inc

NYSE:CAL

CAL Rankings

CAL Stock Data

1.34B
33.90M
4.2%
94.67%
11.71%
Footwear Merchant Wholesalers
Wholesale Trade
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About CAL

we are caleres, a global footwear company with brands that fit people’s lives. our shoes are worn by people of all ages, from all walks of life. our diverse portfolio of brands includes naturalizer, lifestride, rykä, dr. scholl’s, sam edelman, via spiga, diane von furstenberg, vince, franco sarto, carlos by carlos santana and fergie footwear. and they’re available virtually everywhere – in our more than 1,200 famous footwear & naturalizer retail stores and online. we are a team working toward a shared mission of inspiring people to feel good, feet first. we seek people who share our values. we seek people passionate about their work. people who hold themselves and others accountable. people who think a $2.6 billion company should be as creative as a start-up. people driven by an insatiable curiosity. people who care about being the best, among the best. most of all, we seek believers who share in our ferocity for fit. people who believe remarkable things are possible and will n